Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1887-08-10
THIS REGION.
WHAT A PROMINENT CAPITALIST
SAYS OF 1T.

Within One Year 1t VIII Have q Min.
ing Boom that will Come to Stay
Hundreds Of Eastern Capitalists Look.
ing for Western lnvestments-Th
Colorado Oil Fields to Supply the
West.
James B. Cooper, who was Presi.
dent of the Mahogany Mining Com
pany, at Silver City, Owyhee, Is
years ago, and later on one of the
principal owners of the Alexander
mine. at Grantsville, New, came ia
yesterday to look over the May
Jay Gould, Fesrnaught, and some
eight or ten other mines in this re.
gion in which he and bis brothers are
interested. He will remain a week
or 10 days, and then proceed to San
Francisco, to visit with his family,
whom he has not seen for over three
years.
This is James B. Cooper's FIRST visit
here; but his brother, T. J. Cooper,
has visited US annually during the
past four years, and has been here,
this time, since last fall, personally
conducting operations at some eight
or ten claims.
There are four brothers in the fam
lily, who are generally interested to.
gether. Besides the two here, there
is R. G. Cooper, who is managing ex-
tenslve ranching and stock growing
interests in Dakota, and who ships
his product by the train load to St.
Paul or Chicago, about once a year,
and buys his supplies in lots of two
to six carloads at time. The other
brother, H. Fl. Cooper, lives at Ell
Paso, Texas, where the brothers have
vast real estate interests, and from
whence their Mexican mine proper.
ties can be exploited.
James b. Cooper has been in Chi
cago over two years, compelled to re-
main there to attend to his own and
his brothers business; but during the
past few weeks he has been on hiu
way home at San Francisco, and has
swung around the mining regions Of
Colorado, Utah, and Idaho, visiting
occasionally for a few days at some
famous springs like Manitou, Colo
RADIO. At every place where he stop
ped he met dozens of substantial
men who are emong the heavy CAPT
talists of the East, and who are seek
ing investments while enjoying the
cool weather as best they may. II
his travels he must have met hun
dreds of these, and many of them
;. he knows from their conversation, are
r. headed this way.
,r At present many are going to thu
a, oil fields at Florence, Col, eight mile
,. below Canyon City. These fields ar
X producing 1000 barrels per day a
,e present, but their yield has scarcel
begun. The oil is better than that O
Pennsylvania or Ohio, and the loca
refinery is 6rst-class The big wei
ID is down 1900 feet, and others are pu
n down at the rate of 1875 to $50 fee
S, per day. Most of the Colorado rail
d. way magnates are interested there
1e The railways are to use it for fue
is and, if the Inter State Commerce la,
is not repealed, the whole West wi
soon be supplied from the Colorad
oil fields.
Speaking of our mines and of tn
outlook for this region, Mr.. Coope
re- says that Wood River is bound I
lie come right up, and that in the cours
be of year a mining boom will come
" stay. We have here the best class {
ty shipping ores on the continent, b.
ce sides vast quantities of low-grade ore
de which only await the erection Of JIG
Nh to yield their millions. As low grad
be ore is the real wealth of mining couI
be tries, SO it will be with this; and wbe
n. we engage in concentration more e:
Al. tensively, we will be astonished
,e: see how many mines that are deeme
eft valueless at present will pay ham
IN, some profits.
After looking over the mines f
three or four days, Messrs. James
and T. J. Cooper will go out on
fishing and hunting excursion to tt
'er Malad and Smoky, and return